$1,099,900
FOR SALE

Triplex Backsplit 3-Level

Bedrooms: 4+1Bathrooms: 3Lot: 18 x 66 ft
2024 Taxes: $4,651.93

70 Montreal St
Kingston, ON K7K 3E8 | Frontenac

Discover 70 Montreal St, Kingston, Ontario, a fully renovated heritage triplex with three separate entrances. Built in the 1880s, this elegant property combines historical charm with modern amenities, offering a unique investment opportunity. Each apartment has been beautifully updated in the past four years, ensuring comfort and style. With its prime location, just five minutes from Queen's University, Downtown Kingston, and nearby hospitals, it is perfect for students, professionals, and tourists. This property comes fully furnished (*minor exclusions) and is ready to operate immediately. In each of the last three fiscal years, the property has had annual revenues of over $100,000, generating $129,987 in the previous fiscal year and $121,470 the year prior. The property is currently on course to have its highest revenue-generating year yet. Embrace the chance to own this heritage property and reap the benefits of this lucrative opportunity.
Extras
Additional upgrades: hvac units (2022), new roof (2024), and newly landscaped front entrance (2024). Open House on Sunday, September 22nd between 2-4pm.
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Listed By STRATA REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9234587
Last Updated Sep 15, 2024
Property Summary
Property Type Triplex

More like this:
Legal Description Plan Os Pt Lot 319 Rp 13R10498 Part 1 Part 2 Unreg
Taxes (2024) $4,651.93
Directions/Cross Streets Queen St
Area Frontenac
Price History

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Detailed Information
Fronting On E
Waterfront None
Special Designations Heritage
Bedrooms 4+1
Bathrooms 3
Rooms 5+2
Kitchens 3
Lot 18 x 66 ft
Approximate Square Footage 3000-3500
Exterior Brick
Air Conditioning Wall Unit
Family Room Y
Fireplace/Stove N
Pool None
Basement Apartment, Full
Drive Rt-Of-Way
Garage Spaces 0.0
Garage Type None
Parking Spaces 1
Total Parking Spaces 1.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Utilities-Hydro Y
Utilities-Gas Y
Utilities-Cable Y
Utilities-Telephone Y
Water Municipal
Seller Property Info Statement N
Bathrooms
Pieces Level
4

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